There are profitable small business ideas in Finland that you can start with little or no capital. Finland is a great place to start a small business, and you will have access to the most educated and skilled labor force in Europe with abundant growth opportunities. We have also written about profitable small business ideas in Norway, Denmark, Germany, Switzerland, and the Netherlands.
What We Covered In This Article
How easy is it to start a business in Finland?
The answer depends on what you’re looking for. If you’re looking for extra cash, the process is pretty straightforward:
- Apply for permits and licenses.
- Get together with your partners and employees.
- Open up a shop and start selling.
Once everything has been set up correctly, plenty of resources are available online, as well as specialized books and manuals that can help guide you through every step along the way.
Investment opportunities in Finland?
Finland is an ideal country for local and foreign investments. The Finnish economy is growing by 2% per year, which means that it’s one of the fastest-growing economies in Europe and one of the most competitive countries in the world. In addition, Finland has a high standard of living thanks to its high wages, which makes it possible for you to set up small businesses without having any problems paying employees.
If you’re interested in investing abroad, consider investing in something like real estate properties because they always increase in value over time.
30 Profitable Small Business Ideas in Finland
Here’s a categorized list of Finland’s best 30 profitable business ideas.
Digital and technology business ideas
Digital and technology business ideas are everywhere. There are endless ways to get started in this field, but if you’re looking for an idea to make money, keep reading.
#1. Chat-bot development
Price Range: $40,000 – $150,000
Average Revenue: Between $60,000 and $120,000 per year.
Chatbots are a form of artificial intelligence that can be programmed to respond to questions and perform tasks.
The benefits of developing your chatbot include the following:
- You get to decide what the bot will do. This can be helpful if you want your bot to do something specific or if it’s not as simple as asking how much money you should spend on wedding gifts (or whatever).
- You can make money with them! Chatbots aren’t just fun—they can be profitable too.
#2. Content creation (blogging, youtube, SEO, translation)
Price Range: $10,000 – $20,000
Average Revenue: $44,192 per year
With the rise of digital media, content is being created in many ways. Blogs are the most common form of online writing, but other options, such as Facebook pages and Instagram posts, can help you build your brand. If you want to earn money from your content, then it will be better to create high-quality videos with good sound quality rather than low-quality ones. There are many platforms where people post their videos, including YouTube, Vimeo, etc.,
#3. Software development (mobile app, website, management software e.t.c)
Price Range: $5,000-$10,000
Average Revenue: 150,000 U.S. dollars per year
Software development is the process of creating, testing, and maintaining software. The benefits of software development include the following:
It is used in almost every industry and any country.
It has a high level of customization, meaning you can create different versions for different customers/users.
This business idea also needs capital investment, but it does not require large amounts of capital since most developers start with only $100-200 dollars to get going on their projects.
#4. Virtual assistance
Price Range: $2,000 – $6,000
Average Revenue: $59,010 per year
Virtual assistance is a great business idea because it has the potential to grow. Virtual assistants are hired on a freelance basis or part-time, and they work remotely from home. The skills needed include performing simple tasks such as setting up emails, writing documents, and answering questions over email. The costs associated with this business include hiring a virtual assistant (or multiple ones), software, and equipment required for their work.
#5. Digital marketing agency
Price Range: $6,000 – $10,500
Average Revenue: 29.5 billion U.S. dollars
Digital marketing agencies provide digital marketing services to their clients to increase their sales and Revenue.
Digital marketing agencies can be large or small, but they all have one thing in common: they are all capable of helping businesses grow their sales and Revenue.
Agribusiness ideas
If you want to start an agribusiness, these things will help you in this process.
#6. A farm
Price Range: $600 – $10,000
Average Revenue: $110,600 per year
The first step is to determine the size of your farm. This is done by calculating the number of acres you intend to grow or by considering your current land base and adding extra acres if necessary. Once you have calculated this figure, you have all the information needed for calculating average Revenue per acre (ARPA).
#7. Animal farming business
Price Range: $10,000 – $50,000
Average Revenue: $202,000 per farm
You can start an animal farming business in any part of the world. If you want to make money, it is a perfect choice.
#8. Agro-processing business
Price Range: $60,032
Average Revenue: $110,600+ per year
Agro-processing is a business that involves the transformation of raw materials into products or ingredients. The need for agro-processing facilities has increased in recent years due to the rising demand for processed foods sold at lower prices than unprocessed goods.
#9. Storage facility
Price Range: $2 million
Average Revenue: $350,000-800,000 a year
A storage facility is a business that stores agricultural produce and other products, providing storage for goods. The storage facility can be a warehouse or a storage shed. Sometimes, it offers other services such as transportation and shipping goods.
#10. Agro equipment sales
Price Range: $37,876+
Average Revenue: USD 236.04 billion
Agro-equipment sales are an excellent way to make money by selling agro-machinery and equipment. The average Revenue per unit sold can be anywhere from $120 – $200 per unit, depending on the product you sell.
This industry is also known as “agricultural commodities,” meaning it sells all agricultural products such as fertilizers, pesticides, and seeds (including seedlings).
Professional services business ideas
This is a list of services that you can start as a professional.
#11. Interior Designing
Price Range: $100 million – 200 million dollars
Average Revenue: $40,000 per year
Interior design is a career that combines creativity, art, and science. It’s more than just putting together furniture or painting walls in shades of white. Interior designers work with clients to create spaces that meet their needs and reflect their personalities. They’re responsible for the overall appearance of the interior space (including lighting, paint colors, and fabrics).
Interior designers need to be skilled at both conceptualizing ideas for new spaces and executing them on an actual project basis; this means having excellent planning skills and translating those ideas into realistic designs using tools such as CAD software or Photoshop.
#12. Daycare
Price Range: $10,000 – $50,000
Average Revenue: $17,680 in Revenue per year per child
Daycare is a growing industry in the United States, with roughly 5 million children under the age of 5 enrolled in some form of childcare. The demand for quality daycare centers has increased significantly over the past 40 years as more parents choose to stay home with their kids rather than send them off to public or private schools.
#13. Recruiting agency
Price Range: $48,233
Average Revenue: $35,000 a year to $200,000
Recruiting agencies are businesses that help organizations find the right people for the job. Companies can use them to hire employees, or individuals can use them to find jobs in a particular field. They’re also known as “headhunters” or “personnel search firms.”
The most common type of recruiting agency is one that specializes in finding job candidates within a specific industry, but other types are available too. Some recruiters find employees with specific skill sets, while others focus on hiring people with specific characteristics such as education level or work experience (for example).
#14. Laundry services
Price Range: $1,000 – $19,815
Average Revenue: $450-$500 per day
Laundry services are a great way to earn money and make a career.
Many benefits come with owning your dry service, including:
- You can work from home.
- You’ll be able to choose the hours you want to work and how many days per week you want to work so that it fits into your schedule.
- You can set your which means no more long commutes or waitressing jobs!
#15. Consultancy business (financial, business, tax, digital, and others)
Price Range: $10,000 – $50,000
Average Revenue: 210,000 U.S. dollars
Consultancy businesses can be a good idea for people who want to start their businesses. The cost of starting a consultancy business is less than other types of businesses, and you can start it with low capital.
Consultants often have the same skills as freelancers and contractors but have more clients because they are paid by the hour instead of by the project or assignment. Their job is to solve problems for people in different industries and companies across Australia. They can also help you improve your performance at work or find ways to earn more money.
Consumer services business ideas
If you’re looking for business ideas, we’ve got you covered. Whether you want to start a catering service, fitness trainer (massage, spas), or moving company, you can use your skills and expertise to launch your own business. Here are 5 different types of personal services businesses that will help you start making money right away:
#16. Catering services and meal delivery platforms
Price Range: $3,000 – $25,000
Average Revenue: $306,808 million U.S. dollars
Catering services are an essential part of any event. They can be provided for any event and cater to small and large groups. Catering services can also be customized by the customer, depending on what they want their food to look like or how they want their food served.
Catering services are offered at different prices, but they also vary in quality—so you must find one that fits your budget while still giving you what you need when it comes time to host your next party.
#17. Fitness trainer (massage, spas)
Price Range: $40,660+
Average Revenue: $47,016 – $80,065
As a fitness trainer, it’s essential to have a professional website. A good website will help you showcase your expertise and education and provide information about how you got started in the industry.
It’s also helpful if you have an email address that matches your business name (e.g., “fitness-trainers@gmail.com”). You can use this address on all correspondence with potential clients or customers—even if they don’t work out of their homes or studios.
It’s also essential to have a logo design and business cards that represent who you are as an individual and what services you offer through those logos (e.g., “Fitness Trainer”) for people to recognize these logos when they see them during everyday life activities such as grocery shopping at Walmart, etcetera.
#18. Moving services
Price Range: $20,000 to well over $100,000
Average Revenue: $1,050,000 per year
You’re going to need a moving company.
No matter how organized you are or how much planning you’ve done, there’s no way around it—moving is stressful and expensive. If you’re new to the whole “moving” thing, we highly recommend getting professional help from someone who knows what they’re doing. A good moving company can save you thousands of dollars in wasted time and money by ensuring everything goes smoothly (and safely).
#19. Videography and Photography
Price Range: About $10,000
Average Revenue: $49,500 – $134,500
Many services are combined with photography and videography. For example, you may offer a photo shoot for couples who want to create engagement photos or weddings. Or, if it is your goal to take photos of people when they’re having fun at the beach or ski slopes, then having a photographer follow along would make that easy! You could also do this by offering custom photo packages based on what someone wants from their experience (i.e., whether it should be candid shots or posed ones).
#20. Personal shopper
Price Range: $35,615
Average Revenue: $37,954 per year
Personal shopping is a service that helps you find the best products for your needs.
Personal shoppers can help you find clothing, shoes, and accessories that are in style and fit your body type. They can also help you find gifts for friends or family members who have similar tastes as yours.
Real estate business idea
Real estate business idea is a great way to make money. Real estate businesses are starting to generate income for you, your family, and your friends.
#21. Facility management company
Price Range: $5,000+
Average Revenue: $31,330 to $134,570 per year
This is the most common type of business. A facility management company manages a building or facility, providing services like cleaning, maintenance, security, and repairs. It also manages the building’s staff (including hiring and training) and may provide other services like landscaping and snow removal.
#22. Tour guide
Price Range: $19,267
Average Revenue: $32,323 per year
This is a great way to make money on the side, as you can do it for a day or a week. You can take groups of people on tour or individuals. You can also do it on your own you like the idea of seeing all the sights and places that tourists love so much! This business idea works exceptionally well with foreign travelers because they often don’t speak English. If they want their tours led by someone who speaks their language fluently, then this could be an excellent opportunity for them.
#23. Waste management
Price Range: $36,727
Average Revenue: $19.441B per year
Waste management is an essential service that every city should have. It helps to keep the environment clean, and it also helps reduce the number of pollutants in our air and water. If you’re interested in starting a waste management business, here are some things to consider before taking the plunge.
How much space do I need? If you plan on operating out of your home or apartment, this might not be as big an issue as if you were planning on setting up shop at an industrial park or commercial area like Walmart. But either way, make sure there’s enough room for vehicles and equipment (and don’t forget about security)
#24. Real estate brokerage
Price Range: $5,000 – $10,000
Average Revenue: $2.5M annually
Real estate brokerage is something to consider if you are looking for a business idea that is started with little money.
Real estate brokers help people find homes by helping them find the right one for their needs and wants. They also make sure that everything goes when buying or selling a property. This requires knowledge of both sides of the transaction—the buyer’s side and seller’s side—which means that they need to know how much each side is willing to pay for something and what their expectations are concerning what type of home they want or need in their lives at this time in life.
#25. Bird-dogging
Price Range: $500 – $1,000
Average Revenue: $102,721 to $135,200 per year
Bird-dogging is a great way to get clients. It’s also an effective business model that can be used in any real estate area, but it’s advantageous if you want to target investors looking for houses or commercial properties.
To start bird-dogging, you need a marketing plan—a website with a catchy name, some basic information about yourself (your name and contact info), and information about your services/products offered through that site. You also have to build up your network by reaching out on social media platforms like Facebook and Instagram, where people spend most of their time daily browsing through photos and videos posted by others within those networks. Once these steps are done, it’s time for some actual work.
Technical service business ideas
You’re looking for a way to start your own business that allows you to use your skills and experience in a fun way. You may have considered writing books or blogs, but you don’t want it to be another job. You could create an online service that helps other small businesses grow their sales through content marketing, webinars, or video tutorials.
#26. Electrical repair shop
Price Range: $35,923+
Average Revenue: $63,310 per year
Electrical repair shops are businesses that specialize in fixing and maintaining electrical equipment. They can be found in large cities, but they can also be started in small towns with a limited number of customers. If you have good knowledge of electrical equipment, this business idea could be yours.
#27. Auto repair shop
Price Range: $67,200 – $225,500
Average Revenue: Approximately $275,972 per year
Auto repair shop business ideas are an excellent way to make money, as you can work on cars, trucks, and motorcycles.
Asking around your friends and relatives if they need auto repairs is an effective way of determining how much work needs to be done in your area.
You should also check with local mechanic shops before starting up. They may have better equipment than you want or need at home because it’s easier for them not to have space than to have one entirely dedicated room for this purpose.
#28. Plumbing services
Price Range: $6,325 – $8,150+
Average Revenue: $150,000 to $250,000 per year
A plumbing service offers all types of services related to the plumbing system in your home and building. Some examples of these are:
- Plumbing installation and repair, including new construction projects and remodeling jobs.
- Repiping involves replacing old pipes with new ones (or installing one type of pipe over another). This can help prevent leaks from occurring in your house or business, making it more efficient.
- Drain cleaning services can also be offered by some plumbers who specialize in this work.
#29. DJ Services
Price Range: $4400 – $28,800
Average Revenue: $200 to $700 per gig
You can have your DJ service.
DJs are hired for weddings, parties, and other corporate events and concerts. DJs provide entertainment such as music and dancing, announcements, and light shows to create a fun atmosphere at your event. DJs also work with sound equipment such as speakers or lighting systems that help make sure the party is heard throughout the room where it’s being held (or even outside if you want).
#30. Computer training academy
Price Range: $27,235+
Average Revenue: $30,000 to $5,000,000 per year
A computer training academy is a good option for those who want to learn about computers and technology. Anyone can start a computer repair business with the necessary skills.
Summary
The best part about these business ideas is that they are all scalable, so you can start with as little or as much money as you want. You must focus on your marketing and customer acquisition strategies and see what happens. This list gives you some inspiration for your next venture.